New York City and Northern Virginia pledged over $2 billion in subsidies to be chosen for Amazon's East Coast expansion. Eric Gertler, who sits on the board of New York's chief economic development agency, joins CBSN to discuss who wins and loses in the deal.Subscribe to the CBS News Channel HERE: brclip.com/user/cbsnewsWatch CBSN live HERE: cbsn.ws/1PlLpZ7Follow CBS News on Instagram HERE: instagram.com/cbsnews/Like CBS News on Facebook HERE: facebook.com/cbsnewsFollow CBS News on Twitter HERE: twitter.com/cbsnewsGet the latest news and best in original reporting from CBS News delivered to your inbox. Subscribe to newsletters HERE: cbsn.ws/1RqHw7TGet your news on the go! Download CBS News mobile apps HERE: cbsn.ws/1Xb1WC8Get new episodes of shows you love across devices the next day, stream CBSN and local news live, and watch full seasons of CBS fan favorites like Star Trek Discovery anytime, anywhere with CBS All Access. Try it free! bit.ly/1OQA29B---CBSN is the first digital streaming news network that will allow Internet-connected consumers to watch live, anchored news coverage on their connected TV and other devices. At launch, the network is available 24/7 and makes all of the resources of CBS News available directly on digital platforms with live, anchored coverage 15 hours each weekday. CBSN. Always On.

That’s right NewYorkers. - Everyone Benifits. -- EXCEPT YOU The average taxpayer --And since the general area is in such poor condition, guess what. YOU THE TAXPAYER will needTo spend money to Upgrade & Improve the area. ISNT THAT GREAT !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

You better go read the actual AMAZON Agreement. - The NY Citizen may be Written in the Agreement as “MUST PROVIDE” 30 Hours of volunteer time to clean and grounds keep. NotThe Gov or Mayor -- They are busy counting your money at Bezels Mansion

more jobs for Muslims and illegals.while white girls cant afford white babys,, can amazon help white girls to have a white baby, its ok. to ask white people to send money to Africa, to support, Muslim having sex , cant even support white girls having babys.who are dyeing out,, help white people to have babys, send your money to white babys .org,

Amazon said they wanted to set up HQ2 in cities with public transportation, which need tax money to keep running. Taxes that they don't want to pay. They want to enjoy the benefits without paying for it. Good for the city? I don't think so.

Who benefits from Amazon's HQ2? is a dumb question because Amazon can only make decisions that would befit them as a company. Making decisions that would negatively affect them as a company is illegal because they are a publicly traded company.

I like how they talk as if the community is no good and needs to learn new skills. Also in no way is this good for housing in my area, I pay 22 plus utilities and can barely make it, I don't use public assistance and I work off the book. My total in bills cones out to 25 to 2800 a month on rent and utilities. Again I can barely afford in and live on the waterfront so yeah if Amazon moves here I'm sure my landlord will love to kick me out because other similar properties already asking for 45, meaning Amazon do I have to move if you move in. I love lic because it's quiet I love it for my apartment. The other thing of you moving into my neighbourhood means it won't be quiet anymore because I work nights, it's already bad enough with so much construction going on so now when construction just finishing it telling me I'm going to have more construction and possibly more ppl in a neighbourhood that when I moved in for the sole reason of quiet will now be changed do to influx of outside workers coming in. I also know each owner personally I know the cops in my area, I feel with Amazon moving in it will disrupt the very reason I moved to lic and force me out.

What breaks do people in the Queensbridge Homes get? How about the fact that the government pays your rent, health insurance, and food bills, while on average only one person in a household is working half of a full time job at minimum wage? Look, a lot of these people genuinely need the help and Amazon definitely doesn't; I have no issue with public housing, food stamps, et... However, the idea that people who would be homeless on the streets starving without the help of the government are saying that the government is screwing them over is messed up. The additional jobs that Amazon will create aren't of any benefit to them because at least based on the statistics provided in the report, most of them don't work.

+Ace Ocean The report specifically mentions Queensbridge and says the median household income there is $15,843. In about a month, minimum wage in NYC will be $15 an hour, which means that based on that data, one person in each household is only working about 20 hours a week. Therefore, most people there do not work full-time jobs. The city spends hundreds of millions of taxpayer dollars more to run public housing than they collect in rent from residents, so last time I checked, that's a form of welfare. Again, I have no problem with this; I just think people need to stop pretending that it's something that it isn't.

Matt Sezer yea dude not all people in housing projects are on welfare a lot of those people are working poor emphasize on working. They can’t afford a standard apartment but that doesn’t mean they are on welfare.

Amazon did this scam to get people data from the cities without paying for it. This guy never mentioned the 2 HQs are conveniently few miles for 2 of Jeff Bezos mansions. Bezos was never going to pick any of the other cities, Bezos wasted the other cities money.

ani ramani the truth is both republicans and democrats have been serving the ruling class for a long time. What is the most upsetting to me is that everyone knows and calls out republicans for cutting taxes on the rich even if they also cut taxes for the middle and lower classes too but no one calls out democrats for only cutting taxes on the rich. Their two sides to the same coin but because one side pretends they are socialist and care about the poor everyone ignores all the money these mega corporations pay them and the massive tax cuts, loopholes, and tax breaks they give them.

+CyberPunkHowl I agree, especially in this current time trump just messes up in front of everyone like an idiot, but this type of action and corruption has been there in america for a long time. The withdrawals on the epa in this administration are sickening tho unlike ever before

John Smith republicans don’t pretend to be socialist and care about the poor. They make it pretty clear they care about the working and upper class and support capitalism. At least they are honest with their tax cuts. Democrats cut taxes for the rich and raise taxes for the poor all while pretending to be the good guys. You could say they are the same only one will tell you the harsh truth and the other will lie to your face.

Well it's obvious why they went to Northern VA. There's been growing rumblings about Google, Amazon, and other big internet and tech companies as being monopolies. Antitrust arguments are starting to emerge in Washington. Amazon has moved there to have big influence in DC; both physical and economic. Expect a surge in pro Amazon, Google, etc lobbyists to start appearing on Capital Hill and all around the DC area...

Something smells fishy. A giant online store. You have your order takers, The delivery people that are in house. How can these people make over $100,000 plus a year. Plus you have free postage. ??? This seems to one of those "last one out" gets the "ponzi".

Why Virginia or New York? The highest real estates prices in the country. 2 places that do not need employment of any kind or salary increase's. These areas will have negitive imput to help the neighboring communities in residual trickle down effect compared to a Carolina, Southern Indiana, Kentucky Ohio Valley effect. Both, rich with University's to pool off.

+Drew Malhotra you also wouldnt want to live in nyc either. this is not 1985. you are naive to think they'll be living in nyc. most of them will be commuters from neighboring areas like long island, jersey, ct, upstate ny. 150k is not much.

Drew Malhotra. 1st of all I'm from Chicago and commute to Dallas. I lost out on both my opportunities. Im in large scale commercial construction so i lost out on that also. But dont for one instance think they are looking for MIT Harvard or Yale. The looking at Boston college NYU and Temple for 90% of their work force. I lived in Northern Virginia last last year. You can keep it only California is worse. Austin would of been my choice. For labor for them but an area in need is the one i posted. If you wanted to do good to a community. Lastly, Chicago offered them 2 billion and for one location. Labor on the tri state area would of been .50 cents on the dollar to build it. That alone would of been $2 billion in labor construction savings.

The problem is that you're purely at real estate and tax purposes. They're looking for talent. If you're a young graduate from Yale, MIT, or Harvard you're not going to want to live in Kentucky. Sorry bro that's just not going to happen

For the Billions of Tax Breaks Amazon gets, raise property taxes on everyone to make up for it.... Democrats are going to love the spin in order to explain it... Cuomo will just laugh at them and say "Get Over It Wussy's"....

This white supremacist said the people living in these areas will have the starbucks and janitorial department s in which to work Not the HIGH PAYING LUCERTIVEPOSITIONSWHEN THEY MENTION EDUCATION THEY ARE NOT TALKING ABOUT BLACK PEOPLESAD

Philip Forest that’s Democrat’s for you, pretend to care about the poor and spout socialism propaganda then serve the rich and enjoy the benefits of capitalism while tricking everyone else into wasting time with socialism so they give up their rights and freedoms in hope of free stuff.

Bull. Keep saying talent though it might catch on. Don't talk about that $2,000,000,000 the East coast coughed up. It's not about talent he's already a billionaire. He went where the other billionaires are. Yay! Us. 🙄

Maybe I’m wrong but pretty much everyone says silicon valley is where all the tech talent is. Sounds to me they just want to corner and control DC and have more influence on government regulations that will destroy their competition.